Overall unemployment rate moved up to 6.1% with the biggest shift in Restaurants & Hotels, which gained 2,100 roles, based on the most recently available information published in June 2021.
Total employment in the Worcester, MA-CT market rose by 2,778 jobs in May and the unemployment rate increased compared to the prior month by 10 bps to 6.1%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Worcester, MA-CT unemployment rate is 60 bps above the national rate which is a negative sign.
- Unemployment in the market is 810 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -2.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Education & Healthcare: 65,600; -200
- Transportation & Utilities: 52,300; +500
- Government: 41,100; no change
- Business Services: 27,500; -100
- Manufacturing: 25,700; +100
- Restaurants & Hotels: 22,000; +2,100
- Financial Services: 13,500; -200
- Construction, Mining: 11,600; +900
- Other Jobs: 8,600; +100
- IT & Development: 2,800; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.